Nifty Bank IndexShort
BANKNIFTY - FALL IMMINENT ???
https://www.tradingview.com/chart/BANKNIFTY/w4CTurVX-BANKNIFTY-HIGH-ALERT/
In continuation with my post in Sept 24, I observe the following
1. BNF has formed H&S and is trading near Neckline
2. Head will now act as a concrete resistance as highlighted in the earlier chart
3. Except for some re-structuring of personal taxation, not expecting any major tax reforms in this Budget 2025.
4. Expecting H&S Neckline breakdown in Feb post budget for a smooth sailing to 46180 level
Disclaimer: This is just for educational information and not a trading idea. I am not a SEBI registered advisor. Please do your own research or consult your SEBI registered advisor for trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.